India

Financial Intelligence Unit (FIU IND) issues compliance notices to 25 offshore VDA firms under Prevention of Money Laundering Act rules

As part of recent part of compliance action against the such entities, Financial Intelligence Unit India (FIU IND) has issued notices for non-compliance to the following 25 offshore Virtual Digital Assets Service Providers (VDA SPs) under Section 13 of the Prevention of Money Laundering (PML) Act, 2002: Name and address…

India

NITI Aayog’s Dr. Vivek Kumar Singh Urges 0.5% GSDP Investment in R&D to Build ‘Viksit States’ at FICCI Bharat R&D Summit 2025

At FICCI’s Bharat R&D Summit 2025, experts emphasized strengthening State S&T Councils, fostering industry-academia collaboration, and driving innovation to achieve the vision of Viksit Bharat by 2047. The Federation of Indian Chambers of Commerce & Industry (FICCI) successfully concluded the Bharat R&D Summit 2025, a two-day event held at FICCI…

India

NSEFI and Amazon host landmark Carbon-Free Energy Data Center Summit; Minister Shripad Yesso Naik leads inauguration

NSEFI and Amazon host landmark Carbon-Free Energy Data Center Summit; Minister Shripad Yesso Naik leads inauguration New Delhi: The first-ever Data Center Summit on Carbon-Free Energy, jointly organized by NSEFI and Amazon, was successfully held in New Delhi. The historic gathering connected policymakers, renewable energy experts, and industry stakeholders to…